{{Short description|Vietnamese IT company}} {{distinguish|text=FPT Industries, an American aerospace engineering company}} {{Infobox company | name = FPT Corporation | logo = FPT logo 2010.svg | image = Fpt.jpg | type = Joint-stock company | area_served = Worldwide | traded_as = {{HOSE|FPT}} | industry = Information Technology, Telecommunications, Education | key_people = Trương Gia Bình (Chairman) Nguyen Van Khoa (CEO) | products = Technology (IT solutions and services), Telecommunications (telecommunications services, FPT TV and digital content services), Education (from primary to post graduate) | revenue = {{increase}} 52.617 billion VND (đ) (2023) | owner = Trương Gia Bình | num_employees = 80,013 ({{as of|2024|09|11|lc=y|df=US}}) | founded = {{Start date and age|1988|09|13|df=yes}} | defunct = | location = FPT Tower, No. 10 Pham Van Bach, Cau Giay, Hanoi, Vietnam | website = {{URL|https://fpt.com/}} }}
'''FPT''' ('''''F'''inancing and '''P'''romoting '''T'''echnology''), officially the '''FPT Corporation''', is an information technology service company in Vietnam with operations spanning three sectors: Technology, Telecommunications and Education.
== History == On September 13, 1988, FPT was officially founded under the name Food Processing Technology.<ref>{{Cite web | last = | first = | date=2024-03-01 | title=Nghiên cứu kinh nghiệm phát triển văn hóa doanh nghiệp | trans-title=Research on corporate culture development experience. | url=https://chinhtrivaphattrien.vn/nghien-cuu-kinh-nghiem-phat-trien-van-hoa-doanh-nghiep-a8762.html | access-date=2025-04-12 | website=Chính trị và Phát triển | language=vi}}</ref><ref>{{Cite web |last= | date=2013-09-20 | title=FPT: Hành trình ¼ thế kỷ từ Công ty Công nghệ thực phẩm thành Tập đoàn CNTT | trans-title=FPT: A Quarter-Century Journey from a Food Technology Company to an IT Corporation. | url=https://thanhnien.vn/fpt-hanh-trinh-the-ky-tu-cong-ty-cong-nghe-thuc-pham-thanh-tap-doan-cntt-185388266.htm | access-date=2025-04-12 | website=thanhnien.vn | language=vi}}</ref> On October 27, 1990, the company changed its name to The Corporation for Technology Development and Investment (abbreviated as FPT), operating mainly in the field of information technology.<ref>{{Cite web | date=2018-08-30 | title=Nhìn lại chặng đường FPT 30 năm mở lối tiên phong trong ngành CNTT Việt Nam | trans-title=Looking back on FPT's 30-year journey of pioneering in Vietnam's IT industry. | url=https://foxnews.fpt.vn/nhin-lai-chang-duong-fpt-30-nam-mo-loi-tien-phong-trong-nganh-cntt-viet-nam/ | access-date=2025-04-12 | website=FOX NEWS | language=vi}}</ref> In 1998, FPT was one of the first four Internet service providers (ISPs) in Vietnam.<ref name=":0">{{Cite web | title=Tập đoàn FPT là gì? Quá trình hình thành, phát triển và tầm ảnh hưởng của FPT | trans-title=What is FPT Corporation? Its formation, development, and influence. | url=https://thitruongbiz.vn/tap-doan-fpt-la-gi-qua-trinh-hinh-thanh-phat-trien-va-tam-anh-huong-cua-fpt-d1861.html | access-date=2025-04-12 | website=thitruongbiz.vn | language=vi}}</ref> Since 2002, FPT has operated as a joint-stock company.<ref name=":0" />
On September 8, 2006, FPT University was established under the corporation, becoming the first corporate university in Vietnam to be licensed.<ref>{{Cite web | date=2006-09-30 | title=FPT University Receives Licence | url=https://en.sggp.org.vn/fpt-university-receives-licence-post26194.html | access-date=2025-04-12 | website=SGGP English Edition | language=en}}</ref> Also in 2006, on October 24, FPT issued additional shares to two strategic investors, Texas Pacific Group (TPG) and Intel Capital,<ref name=":1">{{Cite web | last=Trí | first=Dân | date=2006-10-25 | title=TPG và Intel Capital đầu tư 36,5 triệu USD vào FPT | trans-title=TPG and Intel Capital invested 36.5 million USD in FPT. | url=https://dantri.com.vn/kinh-doanh/tpg-va-intel-capital-dau-tu-365-trieu-usd-vao-fpt-1161812393.htm | access-date=2025-04-12 | website=Báo điện tử Dân Trí | language=vi}}</ref> receiving an investment of 36.5 million USD.<ref>{{Cite news |title=TPG, Intel Capital invest in Vietnam's FPT Corp. |url=https://www.reuters.com/article/tech-fptcorp-idUKN2338399020061023 |url-status=live |archive-url=https://web.archive.org/web/20210913153641/https://www.reuters.com/article/tech-fptcorp-idUKN2338399020061023 |archive-date=2021-09-13 |access-date=2025-04-12 |work=Reuters |language=en-US}}</ref><ref name=":1" /> On November 18, 2006, FPT and Microsoft signed a strategic alliance agreement.<ref>{{Cite news | title=Microsoft, FPT sign strategic partnership | url=http://vietnamnews.vn/economy/159329/microsoft-fpt-sign-strategic-partnership.html#bsAKwSpAz6GojUJf.97 | archive-url=https://web.archive.org/web/20180817225708/https://vietnamnews.vn/economy/159329/microsoft-fpt-sign-strategic-partnership.html#bsAKwSpAz6GojUJf.97 | archive-date=2018-08-17 | access-date=2025-04-12 | work=vietnamnews.vn | language=en | url-status=live }}</ref> On December 13, 2006, FPT stock was listed on the Ho Chi Minh City Stock Exchange (HOSE).<ref>{{Cite web | title=9 năm lên sàn, vốn điều lệ FPT tăng 465% | trans-title=In 9 years of being listed, FPT's charter capital increased by 465%. | url=https://fpt.com/vi/tin-tuc/tin-fpt/9-nam-len-san-von-dieu-le-fpt-tang-465 | access-date=2025-04-12 | website=fpt.com | language=vi-VN}}</ref>
In February 2011, the board of directors of FPT Corporation issued a resolution appointing Mr. Truong Dinh Anh as general director to replace Mr. Nguyen Thanh Nam.<ref>{{Cite web | date=2011-02-24 | title=FPT appoints new director | url=https://dtinews.dantri.com.vn/vietnam-today/fpt-appoints-new-director-20110224164901000.htm | access-date=2025-04-12 | website=dtinews.dantri.com.vn | language=en}}</ref> On July 31, 2013, the board of directors of FPT Corporation approved the appointment of Mr. Bui Quang Ngoc, Ph.D. in database, to replace Mr. Truong Gia Binh as FPT's general director. Mr. Bui Quang Ngoc is one of the founding members and is vice chairman of FPT.<ref>{{Cite web | last=VIR | first=Vietnam Investment Review- | date=2013-08-02 | title=FPT appoints new CEO | url=http://vir.com.vn/fpt-appoints-new-ceo-21760.html&link=1 | access-date=2025-04-12 | website=Vietnam Investment Review - VIR | language=en}}</ref> In 2014, FPT was the first IT company in Vietnam to acquire a foreign IT company, RWE IT Slovakia (a member of RWE, a European leading energy corporation).<ref>{{Cite web | title=Thương vụ M&A đầu tiên của FPT tại nước ngoài kỷ niệm dấu mốc 10 năm | trans-title=FPT's first overseas M&A deal marks its 10th anniversary. | url=https://fpt.com/vi/tin-tuc/tin-fpt/fpt-slovakia-ky-niem-10-nam-thanh-lap | access-date=2025-04-12 | website=fpt.com | language=vi-VN}}</ref><ref>{{Cite web | date=2014-06-19 | title=FPT strikes first M&A deal in Slovakia | url=https://english.vov.vn/en/market/fpt-strikes-first-ma-deal-in-slovakia-277907.vov | access-date=2025-04-12 | website=VOV.VN | language=en}}</ref> In August 2017, FPT transferred 30% of its ownership in FPT Retail to Vina Capital and Dragon Capital, reducing its stake in FPT Retail to 55%.<ref>{{Cite web | title=CORRECTED-Vietnam's FPT sells 30 pct of subsidiary to investment funds | url=https://www.reuters.com/article/fpt-sale-idUSL4N1KX2OO | access-date=2025-04-12 | website=Reuters | language=en-GB}}</ref><ref>{{Cite web | last = | first = | date=2017-08-11 | title=FPT chuyển nhượng 30% vốn tại FPT Retail cho Dragon Capital và VinaCapital | trans-title=FPT transfers 30% of its stake in FPT Retail to Dragon Capital and VinaCapital. | url=https://www.sggp.org.vn/fpt-chuyen-nhuong-30-von-tai-fpt-retail-cho-dragon-capital-va-vinacapital-post444409.html | access-date=2025-04-12 |website=BÁO SÀI GÒN GIẢI PHÓNG | language=vi}}</ref> In September 2017, FPT transferred 47% of its ownership in FPT Trading to Synnex Corporation (Taiwan), reducing its stake in FPT Trading to 48%.<ref>[http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html "Synnex owns 47% of FPT Trading"] {{Webarchive|url=https://web.archive.org/web/20171010160259/http://english.thesaigontimes.vn/56111/Synnex-owns-47-of-FPT-Trading.html | date=2017-10-10}}. ''The Saigon Times.'' September 13th 2017.</ref>
In May 2021, FPT acquired Base.vn, a SaaS start-up.<ref>{{Cite web |last=Thu |first=Huong Le |title=FPT acquires Alpha JWC-backed Vietnamese SaaS startup Base.vn |url=https://www.techinasia.com/fpt-software-acquires-alpha-jwcbacked-vietnamese-saas-startup-basevn |access-date=2025-04-12 |website=Tech in Asia |language=en-US}}</ref> In July 2021, FPT invested in Intertec International.<ref>{{Cite web | title=FPT Software invests in a technology company in the Americas | url=https://fpt.com/en/news/press-media/fpt-software-invests-in-a-technology-company-in-the-americas | access-date=2025-04-12 | website=fpt.com | language=en}}</ref> In August 2021, FPT launched {{Not a typo|eCovax}} – a digital "vaccine" program that helps businesses respond, recover, and thrive during COVID-19.<ref>{{Cite news | title=FPT Launches "Digital Antibodies" eCovax, Helping Businesses Overcome COVID-19 Challenges with Technologies | url=https://www.fpt-software.com/fpt-launches-digital-antibodies-ecovax-helping-businesses-overcome-covid-19-challenges-with-technologies/}}</ref> On September 16, 2021, FPT's Chairman Truong Gia Binh initiated the idea of building a school for children who lost their parents due to COVID-19.<ref>{{Cite web | title=200 Hope School Students Celebrated The Start of The New Academic Year 2022-2023 | url=https://fpt.com/en/news/press-media/200-hoc-sinh-hope-school-buoc-vao-nam-hoc-moi | access-date=2025-04-12 | website=fpt.com | language=en}}</ref> In September 2022, Deputy Prime Minister of Singapore Heng Swee Keat visited FPT with the aim of promoting partnership and cooperation of private sector enterprises between Vietnam and Singapore.<ref>{{Cite web | title=Singapore's Deputy Prime Minister Visited FPT Software Campus and Boosted Investment in Vietnam | url=https://fpt.com/en/news/press-media/pho-thu-tuong-singapore-tham-campus-fpt-software-thuc-day-dau-tu-vao-viet-nam | access-date=2025-04-12 | website=fpt.com | language=en}}</ref> In October 2022, FPT invested in Japanese business consulting services provider LTS Inc., becoming its strategic shareholder.<ref>{{Cite web | title=FPT Invests in LTS INC. Inc., Strengthening Consulting Capabilities in Japan | url=https://fpt.com/en/news/press-media/fpt-tro-thanh-co-dong-chien-luoc-cua-lts-inc-nhat-ban | access-date=2025-04-12 | website=fpt.com | language=en}}</ref>
In 2023, FPT executed four M&A deals and invested in technology companies in the US and France, such as Intertec International, Cardinal Peak, AOSIS and Landing AI.<ref>{{Cite web | last=tre | first=Tuoi | date=2023-11-07 | title=Vietnam's FPT acquires US tech firm | url=https://tuoitrenews.vn/vietnams-fpt-acquires-us-tech-firm-10376600.htm | access-date=2025-04-12 | website=Tuoi tre news | language=vi}}</ref> On December 14, 2023, FPT launches automotive technology subsidiary in Texas – FPT Automotive.<ref>{{Cite web | last=Innovates | first=Dallas | last2=Murray | first2=Lance | date=2023-12-15 | title=Vietnam-Based FPT Launches Automotive Tech Subsidiary in Frisco | url=https://dallasinnovates.com/vietnam-based-fpt-launches-automotive-tech-subsidiary-in-frisco/ | access-date=2025-04-12 | website=Dallas Innovates | language=en-US}}</ref> In April 2024 it partnered with American tech company Nvidia to build an artificial intelligence factory.<ref>{{Cite web | last=Kuzhanthaivel | first=Abbinaya | date=Apr 24, 2024 | title=Vietnam's FPT to set up U$200 million AI factory using Nvidia chips | url=https://www.itnews.asia/news/vietnams-fpt-to-set-up-u200-million-ai-factory-using-nvidia-chips-607367 | access-date=2025-04-12 | website=iTnews Asia}}</ref>
==References== {{reflist}}
== External links == * {{Commons category-inline}}
Category:1988 establishments in Vietnam Category: 2006 initial public offerings Category:Companies based in Hanoi Category:Companies in the VN30 Equal Weight Index Category:Companies listed on the Ho Chi Minh City Stock Exchange Category:Information technology companies of Vietnam Category:Technology companies established in 1988